Legal Dispensaries in LA Demand Regulators Crack Down on Unlicensed Pot Shops

Heavily taxed and closely regulated legal dispensaries are being undersold by outlaws who flaunt the law. June 24, 2019 6 min read Brought to you by Marijuana Business Daily Los Angeles marijuana czar Cat Packer did an impromptu Oprah Winfrey impersonation during an appearance at a Mendocino County retreat earlier this month when asked what she’d do with an unlimited budget and staff. “Everyone would get licenses!” the director of the Los Angeles Department of Cannabis Regulation said with a smile, spurring the audience to giggle, cheer and clap. “You get a license! You get a license! You get a license! Everyone would get licenses, and no one would get arrested.” But the reality is, this is anything but a laughing matter for Los Angeles cannabis businesses. To the California Minority Alliance (CMA), for instance, it’s an issue that rises to legal action. The trade group announced plans to sue City Attorney Mike Feuer’s office, contending […]

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The No. 1 Hurdle Facing California Cannabis Entrepreneurs

And why it’s forcing some to go to the black market. July 31, 2018 7 min read Brought to you by Marijuana Business Daily California’s newly regulated marijuana market is the biggest in the world, but not everyone seeking to do business there can acquire the tools to even break in, let alone succeed. Many cannabis business owners are encountering a lack of funding opportunities, curbing their ability to thrive and forcing some to operate in the illicit market, according to several industry sources. After California became the first state to legalize medical marijuana in 1996, the industry developed with homegrown businesses – meaning the vast majority of companies were startups with little seed money or overhead. But that changed in January with the rollout of a new regulatory system that is actively squeezing out thousands of long-standing legacy MMJ businesses. The rules are making it harder for new companies […]

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